3202, South Ridge Towers 2
Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3202, South Ridge Towers 2
What is 3202 worth today?
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Source: Dubai Land Department. Updated 27 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,464 sqft
- Floor
- 32nd of 33
- Parking
- B2-172
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 28,100 /yr
- Last sold
- AED 3.55M · December 2023
- Building
- South Ridge Towers 2
About 3202, South Ridge Towers 2
3202 is a two-bedroom apartment of 1,464 sqft on the 32nd floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 11 December 2023 for AED 3,550,000, or AED 2,424 per sqft, 44% above the AED 1,682 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 27 May 2026, is AED 180,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 28,100 a year.
Sales and rents for 3202 over time
3202 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in South Ridge Towers 2, and where 3202 sits
All 61 2-beds →3202 last sold in December 2023 at AED 2,424 per sqft, 44% above what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,682). Over the last 12 months two-beds sold for AED 3,475,000 to 4,000,000, around AED 2,296 per sqft, and rent for AED 160,000 to 207,273 a year. 3202's AED 180,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Sep 202614 September 2026 | 1,622 sqft | 3,750,000 | 2,311 | ||
| 7 Aug 20267 August 2026 | 1,622 sqft | 4,000,000 | 2,466 | ||
| 29 Apr 202629 April 2026 | 1,622 sqft | 3,700,000 | 2,281 | ||
| 26 Feb 202626 February 2026 | 1,622 sqft | 3,475,000 | 2,142 |
South Ridge Towers 2
Building158 apartments, 1-bed to 3-bed over 33 floors in Downtown Dubai, completed in 2008 by Emaar. 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,989 Down 2.2%
- Typical sale
- AED 2.74M
- Typical rent
- AED 128K /yr
- Typical yield
- 5.4%
Other units on the 32nd floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3201 | 2-bed | 1,574 sqft | AED 3.25MAED 3,250,000 · Feb 2025February 2025 | 200,000 /yr | |
| 3203 | 1-bed | 1,045 sqft | AED 1.63MAED 1,625,000 · Apr 2016April 2016 | 130,000 /yr | |
| 3204 | 1-bed | 897 sqft | AED 1.88MAED 1,875,000 · Apr 2014April 2014 | 105,000 /yr | |
| 3205 | 1-bed | 1,098 sqft | AED 1.55MAED 1,550,000 · Apr 2018April 2018 |
3202, South Ridge Towers 2 in numbers
- Sold 3 times: first on 19 August 2010 for AED 1,605,888, last on 11 December 2023 for AED 3,550,000 (AED 2,424 per sqft).
- Rented since May 2013 on 14 Ejari contracts. The rent fell from AED 140,000 to AED 112,000 in 2020 and recovered to AED 180,000 by May 2026.
- At AED 180,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 28,100 a year (AED 19.17 per sqft).
- Two-beds in South Ridge Towers 2 sold for AED 3,475,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,989 per sqft.
Source: Dubai Land Department. Updated 27 May 2026.
Questions about 3202, South Ridge Towers 2
What did unit 3202 last sell for?
AED 3,550,000 on 11 December 2023: AED 2,424 per sqft for 1,464 sqft. The unit has 3 registered sales; the first was AED 1,605,888 in August 2010.
What is the rent for unit 3202?
AED 180,000 a year on the contract renewed on 27 May 2026. The previous contract, from May 2025, was AED 190,000; the unit has been rented since May 2013.
How big is unit 3202?
1,464 sqft (136.0 sqm): a two-bedroom apartment on the 32nd floor of a 33-storey tower completed in 2008.
What is unit 3202 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in South Ridge Towers 2 sold for AED 3,475,000 to 4,000,000 in the last 12 months, around AED 2,296 per sqft.
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Mortgage on 3202, South Ridge Towers 2
Starts from the last sale price (AED 3.55M, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,550,000
- Deposit, UAE resident (20%)
- AED 710,000
- Deposit, non-resident (40%)
- AED 1,420,000
- Monthly over 25 years at 3.7%
- AED 14,524
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →